An Emerging Market is the economy of a developing country with a fast-growing economy, such as high gross domestic product (GDP) or widespread industrialisation that is becoming more engaged with global markets. An Emerging Country is not too rich, not too poor and not too closed to foreign capital that may have some of the characteristics including the high volatility and transitional features of emerging economies to generate a real challenge in policymaking. Major Emerging Markets include BRICS nations. (Also, called as a developing economy)
Related Definitions in the Project: The Commercial Definitions
Example Article of the Emerging Market:
Emerging Markets Look To Capitalize On Shifting Supply Chains (Source: Oil Price on 17 January 2023): By Oxford Business Group - Macroeconomic forces such as inflation, geopolitical tension punctuated by Russia’s invasion of Ukraine and spikes in commodity prices heightened supply chain disruptions in 2022, which included capacity constraints, higher freight costs, labour shortages and port slowdowns. According to a survey of logistics and supply chain professionals conducted in December 2022, some 71.8% of companies were dealing with supply chain disruptions, while 57.7% were trying to navigate transport capacity shortages. Of these respondents, 93% expected these challenges to continue into 2023. International trade surged in 2021 as countries reopened from the Covid-19 pandemic’s lockdowns, and this momentum carried over into the first half of 2022. Global trade volume reached a record $32trn for the year, buoyed by high energy prices, according to the UN Conference on Trade and Development (UNCTAD) report “Review of Maritime Transport 2022”. ...
